Sacharuna Foundation
Sacharuna Foundation shows strong asset base and zero officer compensation amidst volatile revenue and expenses.
EIN: 133264132 · Danvers, MA · Updated: 2026-03-28
Is Sacharuna Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sacharuna Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sacharuna Foundation
Sacharuna Foundation (EIN: 133264132) is a nonprofit organization based in Danvers, MA. The organization reported total revenue of $2.6M and total assets of $9.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sacharuna Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Sacharuna Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Sacharuna Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers received compensation from the organization, which is highly favorable for a nonprofit of its size with assets nearing $10 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Sacharuna Foundation's IRS 990 filings:
- Significant year-over-year revenue volatility (e.g., $492,178 in 2022 to $4,212,247 in 2023) without clear explanation in provided data.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary makes efficiency analysis difficult.
Strengths
The following positive indicators were identified for Sacharuna Foundation:
- Consistent reporting of 0% officer compensation across all filings.
- Strong and stable asset base, consistently around $7.5M - $9.8M over the past decade.
- Low liabilities relative to assets in most years, indicating financial stability.
- Latest filing shows expenses ($666,183) significantly lower than revenue ($4,212,247), contributing to asset growth.
Frequently Asked Questions about Sacharuna Foundation
Is Sacharuna Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Sacharuna Foundation (EIN: 133264132) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Sacharuna Foundation spend its money?
Sacharuna Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sacharuna Foundation tax-deductible?
Sacharuna Foundation is registered as a tax-exempt nonprofit (EIN: 133264132). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the significant revenue increase to $4,212,247 in 2023?
The provided data does not specify the source of the substantial revenue increase in 2023, which would require reviewing the full IRS Form 990 for that period.
How does Sacharuna Foundation manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that executive leadership may be entirely volunteer-based or compensated through other means not reported as officer compensation on the 990, such as through a related entity, or that the organization has a unique operational model.
What are the primary program activities of Sacharuna Foundation?
The provided financial data does not detail the specific program activities of the Sacharuna Foundation; this information would typically be found in the organization's mission statement and program service accomplishments section of its IRS Form 990.
Filing History
IRS 990 filing history for Sacharuna Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Sacharuna Foundation's revenue has grown by 319.2%, moving from $1.0M to $4.2M. Total assets increased by 3.4% over the same period, from $9.5M to $9.9M. Total functional expenses fell by 56.2%, from $1.5M to $666K. In its most recent filing year (2023), Sacharuna Foundation reported a surplus of $3.5M, with revenue exceeding expenses. The organization holds $20K in liabilities against $9.9M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $9.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $4.2M | $666K | $9.9M | $20K | — | — |
| 2022 | $492K | $712K | $7.8M | $126K | — | View 990 |
| 2021 | $999K | $646K | $8.0M | $100K | — | View 990 |
| 2020 | $439K | $958K | $7.5M | $1 | — | View 990 |
| 2019 | $476K | $753K | $8.1M | $20K | — | View 990 |
| 2015 | $940K | $1.1M | $9.7M | $20K | — | View 990 |
| 2014 | $1.6M | $929K | $9.8M | $20K | — | View 990 |
| 2013 | $774K | $811K | $9.1M | $20K | — | View 990 |
| 2012 | $608K | $1000K | $9.1M | $17K | — | View 990 |
| 2011 | $1.0M | $1.5M | $9.5M | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.2M, expenses of $666K, and assets of $9.9M (revenue +755.8% year-over-year).
- 2022: Revenue of $492K, expenses of $712K, and assets of $7.8M (revenue -50.7% year-over-year).
- 2021: Revenue of $999K, expenses of $646K, and assets of $8.0M (revenue +127.3% year-over-year).
- 2020: Revenue of $439K, expenses of $958K, and assets of $7.5M (revenue -7.6% year-over-year).
- 2019: Revenue of $476K, expenses of $753K, and assets of $8.1M (revenue -49.4% year-over-year).
- 2015: Revenue of $940K, expenses of $1.1M, and assets of $9.7M (revenue -41.2% year-over-year).
- 2014: Revenue of $1.6M, expenses of $929K, and assets of $9.8M (revenue +106.7% year-over-year).
- 2013: Revenue of $774K, expenses of $811K, and assets of $9.1M (revenue +27.3% year-over-year).
- 2012: Revenue of $608K, expenses of $1000K, and assets of $9.1M (revenue -39.5% year-over-year).
- 2011: Revenue of $1.0M, expenses of $1.5M, and assets of $9.5M.
Data Sources and Methodology
This transparency report for Sacharuna Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.